R3D Resources Limited (ASX:R3D)
R3D Resources Limited (ASX:R3D) is aiming to become a significant copper and zinc company through development of its existing projects, acquisitions of new projects and exploration success.
The Company's existing projects are:
- Tartana Copper and Zinc Project in Northern Queensland
- Zeehan Zinc Slag Project in Western Tasmania
- Mt Hess Copper- Gold Project Queensland
- Amber Creek Molybdenum-Tin-Tungsten Project Queensland
R3D Resources believes its Tartana Copper Oxide Project and Zeehan Zinc Slag Project offer the potential to generate early cash flow, subject to further investigations and third party negotiations.
The Company believes that copper and zinc are commodities that will experience ongoing robust prices given their respective supply/demand balances and the potential new demand from electric vehicles.